Don't forget the demand side of Galaxy's business model. Hopefully Mercedes' announcement that it will use Li Ion batteries in its hybrids is the beggining of a trend.
The current gap between GXY's value and price make it a good investment. However, demand Li for lithium is going to start getting a lot more attention from the market in the next few years. To the best of my knowledge, GXY is one of the the closest things to a Li pure play on the world markets.
GXY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held